cumulative-effect accounting change

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14:44 Dec 5, 2000

English to Spanish translations [PRO]Marketing

English term or phrase:cumulative-effect accounting change

The actual loss was $1,797,856 for the period , with an accounting debit of $940,133 due to a cumulative-effect accounting change.

Answers

1 hr

Efecto acumulado debido a cambio en la contabilidad

Explanation:It refers to a change that was made in the accounting procedure (for example: depreciation rate, method of inventory coststing, etc.)which has a cumulative effect (that is for more than a fiscal year). Hope it helps.